Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
20 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
If gas prices had been reduced to an average of $2.95 while a ReTHUG was President (Original Post) malaise Nov 2014 OP
T O T A L L Y ! tomm2thumbs Nov 2014 #1
Down to 2.62/gal here in north Texas Uben Nov 2014 #2
It would be the "mitt miracle" n2doc Nov 2014 #3
Dems really haven't done enough with the real issues malaise Nov 2014 #5
Brave corporations have rescued us from this socialist IronLionZion Nov 2014 #4
LOL malaise Nov 2014 #6
Its not our government plunging the prices though. obxhead Nov 2014 #7
Actually, NPR ran a story about this last week Orrex Nov 2014 #8
Home Run, Malaise. TheCowsCameHome Nov 2014 #9
What exactly did Obama or anyone else in government do to lower gas prices? badtoworse Nov 2014 #10
(not really the point of this thread). . .n/t annabanana Nov 2014 #13
"OMG!!! MILK costs more than GAS for the first time in years!! morningfog Nov 2014 #11
The lower gas prices are a killer to both Dems and Repubs JimDandy Nov 2014 #12
All the more reason to get off annabanana Nov 2014 #14
I totally agree. Sustainable, distributed solar and wind energy JimDandy Nov 2014 #15
Brag about supporting environmental destruction to bring people cheap gas? One_Life_To_Give Nov 2014 #16
My guess why prices are low Uben Nov 2014 #17
too little, and WAY to late. NM_Birder Nov 2014 #18
What are you even doing on a democratic site? JimDandy Nov 2014 #19
voicing my opinion, thought that's what it was about ? NM_Birder Nov 2014 #20

n2doc

(47,953 posts)
3. It would be the "mitt miracle"
Mon Nov 3, 2014, 08:12 AM
Nov 2014

Everything would be wonderful then, according to the bubble-heads on TV.Except that I firmly believe we would be neck-deep in fighting in Iraq, Syria and Iran, and thousands of us troops would be dead. So in all probability we would not be experiencing this under a repub.

And if we had President Palin, well I don't even think the US would be recognizable anymore. Except maybe as a real world Idiocracy.

malaise

(269,157 posts)
5. Dems really haven't done enough with the real issues
Mon Nov 3, 2014, 08:26 AM
Nov 2014

The CorpoDems are too busy distancing themselves from a genuinely decent president to focus on the real issues. The drop on gas prices should be the biggest news in this election and it would be seen as a 'Mitt miracle' not to mention the reduction in unemployment.

 

obxhead

(8,434 posts)
7. Its not our government plunging the prices though.
Mon Nov 3, 2014, 08:57 AM
Nov 2014

At $80 a barrel, franking yields no profit. The Saudis are pissed and they are forcing the drop of prices.

Orrex

(63,220 posts)
8. Actually, NPR ran a story about this last week
Mon Nov 3, 2014, 09:05 AM
Nov 2014

It was a report about how low gas prices are hurting small-scale American gas producers.

Way to catapult the propaganda, NPR!

 

badtoworse

(5,957 posts)
10. What exactly did Obama or anyone else in government do to lower gas prices?
Mon Nov 3, 2014, 09:15 AM
Nov 2014

The reasons for the lower gas prices are business related, not government related and there are two main factors:

1.) Fracking has greatly increased the domestic supply of crude oil

2.) Worldwide demand for oil is down because of a generally weak global economy.

These things gets covered regularly in the venues where they belong - business publications (e.g WSJ, CNBC, Bloomberg, etc.).

 

morningfog

(18,115 posts)
11. "OMG!!! MILK costs more than GAS for the first time in years!!
Mon Nov 3, 2014, 09:19 AM
Nov 2014

It is Obama's fault that he could not bring down milk prices!!!"

JimDandy

(7,318 posts)
12. The lower gas prices are a killer to both Dems and Repubs
Mon Nov 3, 2014, 09:19 AM
Nov 2014

who have anything to do with oil and gas production, especially here the US.

While low gas prices are great for US consumers, if the price of oil gets too much below $82/barrel, the US oil industry will start to take a big hit. A large portion of our oil production in the US comes from literally squeezing oil out of rock (oil shale), which is a very expensive way to obtain oil.

Saudi Arabia is flooding the market with oil in order to drive prices down and has said they can maintain the flood for the long term. While some say their motive is to hurt Russia and China, the US certainly will sustain collateral damage from such a strategy.

Obama upped the whole 'US oil independence' push in order to mollify the 'drill baby drill' crowd. The deafening silence you hear is from the Dems too, because how can they cheer low gas prices when it may mean the destruction of one of the legs on Obama's economic stool.

They are literally caught between a rock and a hard place.

One_Life_To_Give

(6,036 posts)
16. Brag about supporting environmental destruction to bring people cheap gas?
Mon Nov 3, 2014, 10:52 AM
Nov 2014

Be tough to take credit unless one has supported fracking. Since that is behind the price drop/oil glut. For most Dem's it would be awkward at best to sing the praises of this. When the price drops due to reduced consumption then we can celebrate.

Uben

(7,719 posts)
17. My guess why prices are low
Mon Nov 3, 2014, 11:17 AM
Nov 2014

I wouldn't doubt that America's allies are keeping prices low to starve out the Russian military machine. Oil and gas revenues accounted for 52% of federal budget revenues and over 70% of total exports in 2012, and they have been producing at capacity for a decade. One can imagine what the price drop has done to their revenue. Couple that with the sanctions imposed and I think they are hurting badly for revenue. There's more ways than one to skin a cat and Putin's shedding fur rapidly!

 

NM_Birder

(1,591 posts)
18. too little, and WAY to late.
Mon Nov 3, 2014, 11:22 AM
Nov 2014

A few weeks of 20-30 cents gas price reduction,.......... at the end of the peak gasoline use time of year,..... is not enough for terribly ran campaigns to rebound.

regardless the 6.whatever lets all work fast food unemployment rate, people are now, and have been hurting for jobs for a very long time. the ACA dedutible slight of hand is real. Even though 10 million people were added to the program, how many millions LOST thier coverage ? How many of those 10 million can afford the monthy premium, but not the dedtible ? Calling half the country ignorant, racist, bible thumping gun humper - homophobes has had an effect. The "big tent" baloney of days past, is now "HOW CAN YOU BE THIS FUCKING STUPID"! ....now vote for my guy 'YOU STUPID FUCKING HOMOPHOBE RACIST"! yup, worked well, tomorrow is the proof.

in a mid term election where Democrats have been historically less likely to show up at the polls, the Democrats made sure to motivate the "other" HALF the country, and they did it very well. tomorrow is not going to be a surprise to anyone regardless how "shocked" everyone will appear.

Democrats spend the last 8-12 years HAMMERING Republicans for ignorance, stupidity, racism and economic theft. They now symbolically join the Republicans is shunning BO on the campaign trails. "surprise" !

or-Republicans are smart enough to steal ALL the elections tomorrow, and Democrats are too stupid to stop them. one or the other.

JimDandy

(7,318 posts)
19. What are you even doing on a democratic site?
Tue Nov 4, 2014, 12:17 AM
Nov 2014

Trying to depress the democratic vote is what it looks like. Go do that where that will be appreciated, cause it's not here.

 

NM_Birder

(1,591 posts)
20. voicing my opinion, thought that's what it was about ?
Tue Nov 4, 2014, 08:39 AM
Nov 2014

or by Democratic Site, do you only accept opinions that are a shadow of your own.

If you only accept opinion that that mimic your own, are you sure that's what a Democracy is all about ?

Latest Discussions»General Discussion»If gas prices had been re...